RWE and Engie could be intertwined soon. According to Reuters, the investment banks of both energy providers are currently examining different options. The article reports that RWE could sell to the French energy giant all of its majority stake in its renewable energy unit Innogy, or a part of it. Reuters cites the investment banks involved in the operation as a source.
The Asian Development Bank has raised INR 3 billion ($46.19 million) through the issuance of rupee-linked green bonds to back the development of 709 MW of solar and wind capacity in six states in India.
Amid growing energy demand and urgent calls for combating climate change, identifying energy technologies that are good bets for the economy and climate is increasingly important, finds study.
The Common Risk Mitigation Mechanism for solar generation assets is intended to identify ways to scale up investment in solar to $1 trillion, and will be supported by members of the International Solar Alliance, the World Bank Group, and the Terrawatt Initiative.
The Ernst & Young’s RECAI league table sees big movements at the top, as China and India take on the mantle of leaders, while the U.S. drops to third spot.
Report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the U.S.
Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.